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WHUT
Feb 19, 2013 7:30am EST
last year. that is due to strained bilateral relations and also a slow down in the chinese economy. officials at the japan external trade organization say that the trade deficit came to more than $44 billion. that's just about double the amount in 2011. the shortfall topped the previous record set in 2005. exports to china amounted to nearly $145 billion. that was down more than 10% from the previous year. it was the first drop in three years. now, falling exports of cars and construction machinery were the main factors here. on the other hand, imports from china rose 3% to roughly $190 billion. that was attributed to growing imports of smart phones and food products, including meat. let's see what happened on the markets here in asia. stocks were pretty mixed this tuesday. not a lot of clear direction out there today. the nikkei shed 0.3%. shanghai stocks down 1.6% today while hong kong shares lost 1%, sinking to a one-month low. european shares are looking like this. they are trading higher today on better business sentiment data out of germany. london is up by 0.3%. we have gain
WHUT
Feb 21, 2013 7:30am EST
use. >>> many japanese were starting to feel optimistic about the future of the nation's economy with the new prime minister, but prices at the pump are putting a damper on things. ron madison is here with the latest on that. >> it is times like these when i'm glad i don't have a car, but people like you and other drivers are feeling the pinch now because gas prices have been increasing for at least the past two months now. japanese government surveys asked questions of major wholesalers about the higher retail prices of gasoline and kerosene. the agency is concerned about excessive prizes caused by the weaker yen to push-up the cost of natural imports. the energy agency officials summoned executives of oil wholesalers on thursday asking executives about their company's cost for crude oil imports, the volume of gasoline shipments as well as inventories. now the average retail price of regular gasoline climbed for an 11th straight week. the price of kerosene has also risen for a 12th week in a row. the president of the japanese oil wholesalers organization says he will instruct me
WHUT
Feb 19, 2013 6:00pm EST
, suggesting money intended to create jobs and shore up the economy had been misused or lost three had one of the key websites to report this was mexico watchdog.org -- which is almost entirely funded by donorstrust. >> take a look to this map. the government is claiming jobs created in nine oklahoma congressional districts -- the problem is, there are only 538 districts in iowa, but there are only five. eight districts in connecticut, but there are only five. as you point out, bill, the government claims 17,544 jobs created or saved in six congressional districts -- there is only one congressional district in puerto rico. >> i don't know if we should be laughing or crying. 99 congressional districts in puerto rico alone. good lord. >> yes, yes, yes, please raise your eyebrows. it is very bad, very unreliable statistics. it really undermines all these claims of job creation from stimulus. >> that fox news report was based on a report by new mexico watchdog.org, one of the some called watchdog organizations funded by donors trust. john dunbar, your response? >> i think the implication of th
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